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BUSINESS

Bank of Thailand pushes CLMV transfers

Business, Wichit Chantanusornsiri, Published on 02/10/2018

» The Bank of Thailand has initiated a cross-border fund transfer with Cambodia, Laos, Myanmar and Vietnam (CLMV) by scanning QR codes in a move to facilitate deeper integration in the region.

BUSINESS

Deposits mulled for bidder appeals

Wichit Chantanusornsiri, Published on 06/10/2018

» The Comptroller-General’s Department may require losing bidders who appeal auction results to deposit money as a way to prevent unjustified petitions that lead to delays in budget disbursement.

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BUSINESS

Apisak securing draft law for business ease

Business, Wichit Chantanusornsiri, Published on 24/10/2018

» Even as the general election nears, Prime Minister Prayut Chan-o-cha is pushing the Finance Ministry to complete a new draft Secured Transactions Act to facilitate business operations and raise the country's ranking in the World Bank's Ease of Doing Business list.

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BUSINESS

ICOs get 30 extra days to inform SEC

Business, Wichit Chantanusornsiri, Published on 29/03/2018

» A draft version of a royal decree regulating transactions related to digital assets will grant issuers of initial coin offerings (ICOs) 90 days to inform the Securities and Exchange Commission (SEC) of their plans before the law takes effect.

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BUSINESS

NFC chairman calls for farming reform

Business, Wichit Chantanusornsiri, Published on 14/11/2016

» Prapat Panyachatraksa, chairman of the National Farmers Council, is urging the Agriculture and Cooperatives Ministry to reform the agriculture sector and move towards integrated farming to help alleviate poverty among farmers.